EON Resources (EONR) reported that part of the management team and several independent directors purchased a combined 364,000 shares of the company’s Class A common stock on the open market in the last week. “The Team is restricted from buying stock under black-out periods for significant blocks of time through-out the year. After a certain number of days have passed from the filing of our 10-Q, the black-out is lifted until certain rules resume the black-out,” said Mitchell B. Trotter, CFO of the Company. “When the black-out period was lifted, the Team was able to, and did, purchase a significant number of shares last week.”
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